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Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns

25.2.2023
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that...

Solana faces slowdown in block production, network restarted

25.2.2023
The issue is linked to the recent network upgrade from 1.13 to 1.14, which slowed block finalization

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

25.2.2023
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year...

Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users

24.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________... Read More: Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN...

Google Cloud to Become Tezos Validator and Offer Validation Services

24.2.2023
Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform...

Block's Q4 Bitcoin revenue down 7% on crypto price decline

24.2.2023
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines

Block’s Q4 Bitcoin Revenue Fell 7% Year-Over-Year to $1.83 Billion

23.2.2023
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said

US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC – What's Going On?

23.2.2023
US Republican House Majority Whip Tom Emmer has introduced a bill on Wednesday to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) or using it to control monetary policy. "Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected...

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times

21.2.2023
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block...

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art

20.2.2023
With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins...

Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000

19.2.2023
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last...

How the Ordinals movement will benefit the Bitcoin blockchain

18.2.2023
The increasing popularity of Bitcoin NFTs, or Ordinals, will impact posively the security of the Bitcoin network and attract developers to the ecosystem, according to Ordinals proponent Udi Wertheimer

One of Europe’s biggest-ever crypto events, Block 3000: Blockchain Battle, goes live

16.2.2023
Tickets for the flagship crypto event are now available. Speakers include Javier Garcia, Country Leader for Spain & Portugal at Binance; Zoe Wei, Head of Developer Relations at BNB Chain; Laurent Perello, Blockchain Advisor at Tron; Austin Federa, Head of Communications at Solana; Vilma...

Blur NFT marketplace encourages NFT creators to block OpenSea

16.2.2023
Blur recently announced its intentions to block OpenSea in the Royalties Battle. The upstart NFT marketplace has started to enforce complete creator royalties. These royalties will only be awarded to creators who have blocked trading on OpenSea. After its successful launch in October 2022, Blur...

Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure

15.2.2023
According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow individuals to inscribe without a full node....